REP Policy 2

Question 1

Which U.S. federal law established the Renewable Fuel Standard (RFS) program requiring transportation fuel to contain a minimum volume of renewable fuels?

Accepted Answer

Energy Policy Act of 2005

Answer

The Energy Policy Act of 2005 created the original RFS, which was later expanded by the Energy Independence and Security Act of 2007.

Question 2

What does the acronym 'SREC' stand for in renewable energy policy contexts?

Accepted Answer

Solar Renewable Energy Credit

Answer

SRECs (Solar Renewable Energy Credits) are tradable certificates representing the environmental attributes of one megawatt-hour of solar electricity generation.

Question 3

Under the Clean Power Plan's successor framework, which agency holds primary authority to regulate carbon emissions from existing power plants in the U.S.?

Accepted Answer

Environmental Protection Agency

Answer

The EPA holds authority under the Clean Air Act Section 111(d) to regulate greenhouse gas emissions from existing power plants.

Question 4

Which policy mechanism allows commercial and industrial customers to contract directly with renewable energy generators for long-term electricity supply?

Accepted Answer

Power purchase agreement (PPA)

Answer

A Power Purchase Agreement (PPA) is a contract between an energy buyer and a renewable generator that sets electricity price, term, and delivery terms.

Question 5

The 'Value of Solar' tariff methodology, used by some utilities, differs from standard net metering because it:

Accepted Answer

Calculates compensation based on the total benefit solar provides to the grid

Answer

Value of Solar tariffs compensate distributed solar based on factors like avoided energy costs, capacity value, transmission savings, and environmental benefits rather than a simple retail rate offset.

(REP) Certified Renewable Energy Professional Practice Test

(REP) Certified Renewable Energy Professional Practice Test

REP Policy 2